Clearwater Paper financials
$19.39−2.51%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.56B | $1.38B | $1.14B | $1.20B | $1.77B | $1.87B | $1.76B | $1.72B | $1.73B | $1.73B |
| Gross profit | $115.6M | $76.1M | $200.7M | $212.5M | $182.6M | $294.2M | $164.5M | $187.5M | $209.2M | $241.2M |
| Gross margin | 7.4% | 5.5% | 17.7% | 17.8% | 10.3% | 15.7% | 9.3% | 10.9% | 12.1% | 13.9% |
| Operating income | -$42.1M | -$64.6M | $78.1M | $99.3M | $12.0M | $158.2M | $45.4M | -$97.9M | $72.3M | $113.0M |
| Net income | -$18.6M | $196.3M | $107.7M | $46.0M | -$28.1M | $77.1M | -$5.6M | -$143.8M | $97.3M | $49.6M |
| Net margin | −1.2% | 14.2% | 9.5% | 3.8% | −1.6% | 4.1% | −0.3% | −8.3% | 5.6% | 2.9% |
| Diluted EPS | $-1.15 | $11.70 | $6.30 | $2.68 | $-1.67 | $4.61 | $-0.34 | $-8.72 | $5.88 | $2.90 |
| EBITDA | $98.3M | $35.2M | $176.7M | $202.6M | $117.0M | $269.2M | $161.0M | $199.1M | $177.3M | $204.1M |
| Operating cash flow | $12.3M | $61.6M | $190.6M | $150.2M | $96.5M | $246.9M | $55.5M | $168.9M | $178.7M | $172.8M |
| Free cash flow | -$76.5M | -$55.0M | $116.9M | $116.7M | $58.1M | $207.3M | -$84.6M | -$126.8M | -$21.0M | $17.4M |
| Diluted shares | 16.2M | 16.8M | 17.1M | 17.2M | 16.8M | 16.7M | 16.5M | 16.5M | 16.6M | 17.1M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $30.7M | $79.6M | $42.0M | $53.7M | $25.2M | $35.9M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $346.1M | $282.2M | $439.9M | $565.8M | $639.2M | $718.1M |
| Total assets | $1.59B | $1.68B | $1.67B | $1.70B | $1.69B | $1.80B |
| Total liabilities | $763.1M | $824.7M | $1.00B | $1.13B | $1.18B | $1.28B |
| Shareholders' equity | $825.2M | $854.5M | $668.7M | $572.0M | $511.7M | $521.1M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology